American Century Companies Inc. Boosts Position in Li Auto Inc. Sponsored ADR $LI

Key Points

• American Century Companies Inc. has increased its stake in Li Auto Inc. by 14.4% during Q1, now owning approximately 1,150,819 shares valued at around $29 million.
• Li Auto reported $0.08 earnings per share for Q1, falling short of analysts' expectations, but its revenue grew 1.1% year-over-year to $3.53 billion.
• Analysts' ratings for Li Auto vary, with a consensus rating of "Reduce" and a target price around $28.64, affected by recent upgrades and downgrades from various research firms.

American Century Companies Inc. boosted its holdings in Li Auto Inc. Sponsored ADR (NASDAQ:LI - Free Report) by 14.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,150,819 shares of the company's stock after acquiring an additional 145,295 shares during the period. American Century Companies Inc. owned 0.11% of Li Auto worth $29,001,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LI. CX Institutional purchased a new position in Li Auto in the 1st quarter valued at about $72,000. Halbert Hargrove Global Advisors LLC purchased a new position in Li Auto in the 1st quarter valued at about $126,000. PNC Financial Services Group Inc. lifted its holdings in Li Auto by 9.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,134 shares of the company's stock valued at $155,000 after purchasing an additional 538 shares in the last quarter. Kestra Private Wealth Services LLC purchased a new position in Li Auto in the 1st quarter valued at about $226,000. Finally, Verity Asset Management Inc. purchased a new position in Li Auto in the 1st quarter valued at about $235,000. 9.88% of the stock is currently owned by hedge funds and other institutional investors.

Li Auto Trading Down 8.3%

NASDAQ LI traded down $2.05 during mid-day trading on Wednesday, hitting $22.60. The company's stock had a trading volume of 14,187,599 shares, compared to its average volume of 4,948,869. Li Auto Inc. Sponsored ADR has a 52-week low of $17.44 and a 52-week high of $33.12. The stock's fifty day simple moving average is $26.64 and its two-hundred day simple moving average is $26.59. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.87 and a quick ratio of 1.72. The firm has a market capitalization of $23.66 billion, a P/E ratio of 21.52, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94.

Li Auto (NASDAQ:LI - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). Li Auto had a net margin of 5.60% and a return on equity of 11.83%. The business had revenue of $3.53 billion during the quarter, compared to analysts' expectations of $3.45 billion. During the same quarter in the previous year, the business posted $1.21 EPS. The company's quarterly revenue was up 1.1% on a year-over-year basis. Li Auto has set its Q2 2025 guidance at EPS. Research analysts expect that Li Auto Inc. Sponsored ADR will post 0.96 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Cfra Research upgraded shares of Li Auto from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 10th. Sanford C. Bernstein set a $26.00 target price on shares of Li Auto and gave the company a "market perform" rating in a report on Tuesday, August 19th. BNP Paribas began coverage on shares of Li Auto in a report on Monday, August 18th. They set a "strong sell" rating on the stock. Zacks Research lowered shares of Li Auto from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 19th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and set a $28.00 price objective (down from $33.00) on shares of Li Auto in a report on Thursday, August 14th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Li Auto presently has a consensus rating of "Reduce" and an average price target of $27.89.

About Li Auto

Li Auto Inc operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.